USC program draws $5 mil

Foundation offers $5 mil donation

The Fran and Ray Stark Foundation has bestowed a $5 million endowment upon the Peter Stark Producing Program at the USC School of Cinematic Arts.

Gift is the first to build on the school’s recently announced $200 million endowment campaign. Program was originally endowed in 1979 through the Starks’ $1 million gift in memory of their son, Peter. It is currently under the direction of producer and Academy board member Lawrence Turman.